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Friendly Energy Exploration Provides Update on Filing Status

Posted on: Thursday, 10 April 2008, 09:00 CDT

Friendly Energy Exploration (PINKSHEETS: FEGR) reported today that the Board of Directors has appointed Mr. John Kinross-Kennedy, CPA as the Company's new auditor. Kinross-Kennedy, who is adept in the finance-oriented affairs of publicly held corporations, is based out of Irvine, California.

"This is an important first step in effectuating the Company's financial statements. A very important step that will in time bring the Company to EDGAR-reporting status," stated company president Douglas Tallant. "The Company is very pleased to be working with Mr. Kinross, and expects to begin filing past financial statements in an expedient manner."

Friendly Energy Exploration has also appointed a new Investor Relations contact, BearPaw Marketing. Investors are encouraged to call BearPaw for information and updates on the Company's activities.

Friendly Energy is a development stage company in the Oil and Gas Exploration Industry. Friendly Energy is committed to the low-risk exploration and development of oil and gas prospects, domestically and elsewhere, in order to take full advantage of the current market conditions and elevated price of oil and gas.

For further information, please visit the investor information page on the Company's corporate Website: http://www.fdeg.biz.

This news release contains information that is "forward-looking" in that it describes events and conditions, which Friendly Energy Exploration. ("FEGR") reasonably expects to occur in the future. Expectations for the future performance of the business of FEGR are dependent upon a number of factors, and there can be no assurance that FEGR will achieve the results as contemplated herein and there can be no assurance that FEGR will be able to conduct its operations or production from its properties will result from or continue as contemplated herein. Certain statements contained in this report using the terms "may,""expects to," and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond the Company's ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. FEGR disclaims any obligation to update any forward-looking statement made herein.

 Contact: BearPaw Marketing Sean Tallant (970) 434-4297  

SOURCE: Friendly Energy Exploration

Source: MARKET WIRE

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